PLEASE READ THE COMMENTS IN THEIR ENTIRETY AS THERE ARE SEVERAL DEVELOPMENT OPTIONS FOR THIS SITE. VC-2 Zoning allows for the attached idea to be brought to fruition "BY RIGHT". Included in this listing are conceptual, yet comprehensive plans for 37 residential units. They were professionally designed by an architectural firm with a strong understanding of building codes within the City of Newton. The size of the building exceeds 26,000 sf. Units are broken down into 18 studio's, 14 One-bedroom & 5 Two-bedroom units. Engineer's site plan is in hand along with parameter box for your own visionary plans. Furthermore, options exists, by "Special Permit" for business zoning/mixed use as the property has dual zoning in BU2 Zone. This exceptional Newtonville location sits across from the Commuter Rail & Express Bus taking you to Fenway, Bay Back, South Station & Downtown Boston. Nearby retail amenities include grocery stores, cafes, banks, salons, casual & fine dining choices and much more.
Property Details
Property Features
Listing Office:
Office Name: Kraft Fine Homes
Office Phone: (617) 527-7002
Listing Agent: Cynthia Lanciloti
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.29 Acres
Other
Directions Information:
Directions: Washington Street between Harvard Street and Walnut Street.
Price Information
Listing Price Info
Price Summary:
List Price: $4,450,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Newton, MA.
This property is $2.9M more than the Median Sold Price in Newton, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73267942
Listing Office:
Office Name: Kraft Fine Homes
Office Phone: (617) 527-7002
Listing Agent: Cynthia Lanciloti
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 8:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$22.2K
Per Month
Principal & Interest
$22.2K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$13.4K
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Cabot Elementary School
229 Cabot St
Distance between this listing and this school0.34 miles
Public District Grades KG-5
7
/10
Horace Mann Elementary School
225 Nevada St
Distance between this listing and this school0.61 miles
Public District Grades KG-5
6
/10
Lincoln-Eliot Elementary School
191 Pearl St
Distance between this listing and this school0.65 miles
Public District Grades KG-5
Nearby Schools
8
/10
F. A. Day Middle School
21 Minot Pl
Distance between this listing and this school0.63 miles
Public District Grades 6-8
8
/10
Bigelow Middle School
42 Vernon St
Distance between this listing and this school1.12 miles
Public District Grades 6-8
5
/10
Watertown Middle School
68 Waverley Ave
Distance between this listing and this school1.51 miles
Public District Grades 6-8
Nearby Schools
8
/10
Newton North High School
457 Walnut St
Distance between this listing and this school0.54 miles
Public District Grades 9-12
6
/10
Watertown High School
50 Columbia St
Distance between this listing and this school1.75 miles
Public District Grades 9-12
2
/10
Lyon Upper 9-12 School
95 Beechcroft St
Distance between this listing and this school2.17 miles
The neighbors living near this home have an average income of $99,716. The most common annual income of people living in Newton, MA is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 721 Washington St
What is the listing price of this property?
The listing price of 721 Washington St property is $4,450,000.
What type of property is this?
The property 721 Washington St is land located in Newton, Massachusetts, 02458.
Is this property for sale now?
Active Listing: 721 Washington St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 721 Washington St in Newton, MA and zip code 02458 in the Newtonville neighborhood. This home sits on a 0.29 acre lot. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $4,450,000.
In November 2024, from all listings sold in Newton, MA there were more than 19 sold above asking price, over 38 sold below and more than 3 were sold right at the asked price. The number of homes for sale in Newton, MA decreased by 14.8% between October 2024 and November 2024. While the average time on the market in November 2024 was 36 days, the median list price was $1,500,000.
From Rocket Homes Real Estate and based on county public records data.